Overview
What is Housing Association For Tyrone Ii Inc Sylvan Acres Apartments?
Housing Association for Tyrone II Inc, specifically their Sylvan Acres Apartments, is a nonprofit organization situated in Altoona, Pennsylvania. Their primary mission is to provide affordable housing solutions for families with low and moderate incomes, ensuring that these families have access to suitable living spaces. The association's activities and mission are centered around offering low-cost housing options, demonstrating their commitment to supporting vulnerable communities in need.
Official website here: www.improved-dwellings.org
Is Housing Association For Tyrone Ii Inc Sylvan Acres Apartments legitimate?
Housing Association For Tyrone Ii Inc Sylvan Acres Apartments is a legitimate nonprofit organization registered as a 501(c)(4) entity. Housing Association For Tyrone Ii Inc Sylvan Acres Apartments submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,887
For more financial information, click here
Official website here: www.improved-dwellings.org
What is the mission statement of Housing Association For Tyrone Ii Inc Sylvan Acres Apartments?
The Housing Association for Tyrone II Inc. at Sylvan Acres Apartments has a mission to provide affordable housing for families with low to moderate income. This organization is dedicated to catering to the housing needs of those in financial distress, offering them a place to call home without straining their financial resources excessively. By doing so, the association aims to contribute positively to their residents' living situations, ensuring they have a stable and affordable housing environment.
Official website here: www.improved-dwellings.org
What is the revenue of Housing Association For Tyrone Ii Inc Sylvan Acres Apartments?
Housing Association For Tyrone Ii Inc Sylvan Acres Apartments's revenue in 2024 was $318,439.
Official website here: www.improved-dwellings.org
Who are the executives of Housing Association For Tyrone Ii Inc Sylvan Acres Apartments and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.improved-dwellings.org
Where can I find the form 990 for Housing Association For Tyrone Ii Inc Sylvan Acres Apartments?
Housing Association For Tyrone Ii Inc Sylvan Acres Apartments's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.improved-dwellings.org
Learn more at the official website: www.improved-dwellings.org
Mission Statement of Housing Association For Tyrone Ii Inc Sylvan Acres Apartments
Housing Association for Tyrone II Inc. Sylvan Acres Apartments is dedicated to providing affordable housing solutions for families with modest incomes. Their mission, in essence, is to serve as a beacon of hope for these families, offering them shelters that are financially accessible. By doing so, they aim to alleviate the housing burden faced by low-income families, thereby allowing them to invest in other essential aspects of their lives.
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Impact
October, 2024
Housing Association For Tyrone II Inc Sylvan Acres Apartments plays a vital role in the community by providing affordable housing options for low and moderate-income families. By ensuring access to low-cost housing, the organization helps alleviate some of the financial burdens faced by these families, allowing them to achieve stability and security in their living conditions.
The impact is evident in several key areas:
1. **Housing Stability**: By offering affordable options, families are more likely to secure permanent housing, reducing the risk of homelessness and displacement.
2. **Community Development**: The presence of stable, affordable housing contributes to stronger neighborhoods. Families residing in these apartments can engage more fully in community life, fostering connections and support networks.
3. **Economic Benefits**: Affordable housing enables families to allocate their resources to other essential needs, such as education, healthcare, and savings, ultimately leading to a healthier local economy.
4. **Support for Vulnerable Populations**: The organization specifically targets low and moderate-income families, addressing the needs of those who may struggle to find suitable housing in the private market.
5. **Quality of Life Enhancements**: Providing a safe and stable living environment improves the overall quality of life for residents, allowing them to focus on personal and familial growth.
Overall, Housing Association For Tyrone II Inc Sylvan Acres Apartments significantly impacts both the individuals it serves and the broader community by improving access to essential housing resources.
This information is meant to be a general summary of Housing Association For Tyrone Ii Inc Sylvan Acres Apartments. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $62
- Program Service Revenue: $112,703
- Gross Receipts: $318,439
Assets and Liabilities:
- Total Assets: $427,805
- Total Liabilities: $965,841
- Net Assets: -$538,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME APARTMEN
Revenue
$123,462
APARTMENT VACANCIES
Revenue
-$10,759
Organization Details
Principal Officer
Rabbi Audrey R Korotkin
Website
www.improved-dwellings.orgNTEE Category
Code: L20 - Housing
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